Friday, March 2, 2007

Evening Wrap Up

Well I think the trend has emerged.

Today was a good day for me as I've got about 60% cash, and the rest is in the QID and MVIS. I did pick up 100 shares of FXY, mainly because I figured if I bought some it would make me do my homework on the Yen Carry Trade. I know how the whole scheme works, but this weekend I intend to figure out whether a larger position in the Yen will be beneficial.

This weekend look for charts and analysis for short setups.

***Update*** I will be doing some guest blogging at another site. I'm not going to say where...It will be a nice surprise. It is someone on my blogroll. So look for some charts over there.

5 comments:

mdawsz said...

I will be looking forward to your comments on fxy. However, if you start blogging over at fly's place, I will change your link identity on my blog to read "chinballs" -- haha chinballs cracks me up every time.

Anonymous said...

Congrats on writing at Fly's blog. But do you have to buy almost like the Fly? Acutally, I like that name, I'll start calling you FlyBuy

Broker A said...

Congrats on the Fly "job."

I'll make sure to visit that assholes website-- to see your charts and stuff.

MVIS going to rip higher--within 2 weeks.

MDAWS:

You are a hatfucker.

Woodshedder said...

Anonymous- unlike some of you, I don't have all day to sit around, watch CNBC, read Barrons, etc. I'm a busy man, and I take my stock ideas whenever and wherever I can get them. I get ideas from IBD, breakoutwatch.com, breifing.com, etc. I like some of Fly's ideas because he looks at totally different stocks for totally different reasons than I do. I look at it as a hedge to my own buffoonery.

I guess you are going to tell me that every trade you've ever made was your idea before anyone elses and that you never ever buy or sell the same stocks as other people.

Woodshedder said...

M- please do change my id on your blog to chinballs. That will rock. In fact, I bet my site traffic will increase.